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<title>Recession Could Cost 25 Million Jobs</title>
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<description>The economic downturn will likely cost as many as 25 million people their jobs by end-2010 as the unemployment rate nears a record 10 percent in the OECD group of countries, according to a report released on Wednesday. The Organization for Economic Co-operation and Development said 15 million jobs were lost between end-2007 and July 2009 and 10 million more could go by the end of next year despite signs that the economy is picking up. &#x26;#x22;A major risk is that much of this large hike in unemployment becomes structural in nature,&#x26;#x22; the report said.</description>
<author>CNBC</author>
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<pubDate>Wed, 16 Sep 2009 10:45:01 GMT</pubDate>
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